Monday, January 10, 2011

NZDUSD - Daily Market Thought - Trend Remain Bullish

NZDUSD trend remain bullish short term above 0.7535 – 60 and 4 hours chart.
Last pullback hold first key level suport short-term 0.7535, resistance now 0.7627, 0.76795, 0.7736 and 0.7798.
Above 0.7535 expect test 0.7679 possible extension/retest the previous highs 0.7798 key  resistance level daily and weekly chart.
Next sessions if close daily chart below 0.7535 expect 0.7415 possible extension 0.7345 key level daily and weekly chart.
Resistances: 0.7627, 0.76795, 0.7736 and 0.7798.
Suportes: 0.6959, 0.7238, 0.7345, 0.7415 and 0.7535
Click to zoom in. Good luck folks.


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